Bitget Introduces Custody-Linked Trading Through Open Custody Network
Bitget's new OCN lets eligible users access spot, margin and futures trading while assets remain with independent banks or institutional custodians.
Bitget's new OCN lets eligible users access spot, margin and futures trading while assets remain with independent banks or institutional custodians. This is an original Token Times brief synthesising 2 outlets (CoinEdition, Crypto.news), plus live market data, as of Thu, 05 Nov 2026 14:15:02 UTC.
The initiative separates asset custody from exchange-based trading, giving eligible users a different way to interact with Bitget markets. Its significance depends on the breadth of eligible users, supported assets and participating custodians.
- Bitget launched the Open Custody Network for eligible users.
- Funds can remain with independent banks or institutional custodians.
- Supported trading covers spot, margin and futures markets.
- Bitcoin gained 1.65% over 24 hours amid a broadly higher market.
CoinEdition and Crypto.news agree that Bitget launched the Open Custody Network, allowing eligible users to trade on the platform without depositing assets directly with the exchange. They also agree that custody is provided through independent banks and institutional or trusted third-party custodians, with Crypto.news specifically identifying spot, margin and futures markets as eligible trading venues. Crypto.news attributes the launch information to a November 5 announcement, while CoinEdition provides no separate date in the supplied summary. Neither outlet identifies a specific asset, quantitative adoption figure or named custodian in the material provided.
Bitget has launched its Open Custody Network, a trading arrangement designed for eligible users who want to keep their underlying cryptocurrency outside the exchange while still accessing its trading infrastructure. CoinEdition says participating users can place trades through Bitget while leaving funds with independent banks or trusted third-party custodians.
Crypto.news adds that the network extends across Bitget's spot, margin and futures markets. In this model, the venue where a trade is executed is separated from the institution holding the associated assets. Crypto.news also reports that the announcement was made on November 5.
The two outlets corroborate the central launch and the use of third-party custody, although their supplied summaries emphasize different aspects. CoinEdition focuses on the departure from the conventional requirement to deposit assets directly with an exchange, while Crypto.news gives more detail on the available market types and identifies institutional custodians as part of the custody structure.
The development introduces an alternative operating structure for a crypto exchange: trading access does not have to depend on assets being held in the exchange's own custody arrangement. The supplied coverage does not specify which assets qualify, how transactions and collateral are handled across margin or futures products, or which banks and custodians participate.
The wider crypto market was broadly higher as the launch was reported. Total market capitalization stood at $2.73 trillion, 
Bitcoin was up 1.65% over 24 hours, and the Fear and Greed index registered 50, corresponding to a Neutral reading. No specific coin connected to OCN was named, so the immediate market data provides broad context rather than a direct measure of the product's effect. Key implementation details to watch include eligible-user coverage, supported assets and the scope of participating custody providers.
Figures and sectors in this story, checked live against on-chain aggregators · November 5, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Bitget Introduces Custody-Linked Trading Through Open Custod — questions & answers
What is Bitget's Open Custody Network?
It is a service that lets eligible users trade on Bitget while their underlying assets remain with independent banks or trusted third-party custodians.
Which Bitget markets support OCN trading?
Crypto.news reports that eligible users can trade across Bitget's spot, margin and futures markets.
Does OCN identify a particular crypto asset?
No specific asset was named in the supplied CoinEdition or Crypto.news summaries.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from CoinEdition, Crypto.news, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.